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Search Results 0 to 27 of about 28 (some duplicates have been removed)
're starting to see some storm activity in manhattan, new york. we understand this is just the beginning for the east coast tonight. we have seen what it's done in communities in the nation's mid section. in arkansas. it knocked out electrical power to some 200,000 homes and businesses. one utility company reporting there people may have to go without power for a week. and in illinois and indiana roads covered with snow and ice making it too dangerous to drive. four snowplows slid right off the road. last night at this time we were telling you about that major tornado that hit mobile, alabama, incredibly emergency crews say no one was badly hurt. >> christmas day tornado going through mobile. oh my god, look, that's the tornado. oh wow, jesus, look at that tornado. >> harris: a first person account to give you chills there. and we are getting a look at some the damage that that twister in the center of your screen caused. this a high school in mobile. that tornado pulled down trees, damaged the roof and windows. we now know the twister was just one of 34 that slammed alabama, texas, loui
york city, for instance. >> dave: new jersey, connecticut. >> clayton: you're not living the dream. >> juliet: it's sort of subjective. well, actually not subjective you can look exactly at what people live here for 250 or people in san francisco, another expensive city, it doesn't go that long, didn't go that far. >> dave: the bottom line, it appears they've moved the goal post and it may be around the $400,000 mark and that may be the new 250 if you will. may be where ne get the deal done. and upwards towards the 500 mark, but here are two congressmen on perhaps moving this up. >> the $400,000 level seems to me to be about right, that represents about the top 1% of the income earners, the people who got 93% of the income growth our last year and that seems to be enough, but i think there's some flexibility there. >> it's about making sure that we can live within our means and address the real problem and that's spending. i kind of feel like i'm a lifeguard and we've got to save as many people from drowning in higher taxes as we can. >> clayton: that seems to be the new threshold
the jeffries trading floor today in new york. peter, you have a lot of different scenarios, but the most likely scenario that you think is that the blackberry fails, there is no acquisition on this and the cash firm continues? >> yeah. we think it costs about $1 billion to launch these devices. if successful, we think an access possibility goes up. if not, we see the company become much, much smaller a year from now. >> how do you measure success? and when we we know on this? >> we'll probably know around around/may next year. success would be call it 3 to 5 million units in the first quarter out of the gate and 5 million units plus after that. to us, that would be a very good launch. >> for anybody who is actually a blackberry user still, what do you say about these things? if there's a takeover, does that mean blackberry continues? what's the long-term outlook for the company? >> i would suspect that if you're a blackberry user, there's very little chance that your service is going to be cut off. that is a key cash flow driver for the company and anybody who would want to buy isn't concerned
the arsonist and gunman in western new york and his evil plot to kill firefighters. what police discovered, he left behind a note that is just chilling. >>> later this half hour, avoiding costly problems with the brand new electronics you just unwrapped. our technology editor is here with how to get the best use out of all that gear. >> knowing me, when i open one of those, i'm the first to scratch it, drop it, break it. >>> first, we want to get to some of this news. major damage after strong storms swept through the gulf states. at least three people have died, dozens more are injured from texas to georgia. >> and the news could be getting worse. that storm is moving east with strong winds and snow. winter watches and warnings are posted in 21 states, from texas all the way to maine, including blizzard warnings in seven of those states. our coverage begins with abc's brad wheelis. >> oh, my god, look, that's a tornado. >> reporter: this twister slammed into downtown mobile, alabama, injuring several people. vast swaths of this city were suddenly dark, leaving 17,000 homes and businesses with
are getting some twitter for rick. what is new york city looking like with a nor'easter on thursday. i want to know the answer on that. deadly storm system that pounded the midwest with storm and thousands of tornados heading northeast this morning. oh, my god. that is a tornado. oh, wow. oh, jesus, look at that tornado. >> gretchen: that funnel cocloud was spot indeed mobile, alabama and 10s of thens of people now without power. >> i prayed to god as loud as i could . praying for my safety and i knew and prayed that the truck stayed put and god would protect me. the brutal winds tossed the cars on top of each other and left the neighborhood a complete disaster. >> i never saw one in real life and just to be able to hear one, it is it a mile from where we are. it pretty amazing. toppled treese ended up killing two people in texas and louisiana. oklahoma got about seven inches of snow in that state . the weather was to blame for a massive car pile up on interstate 40. a woman died in another highway crash nearby. >> we talked about the flights all over the u.s. are cancelled . logan internat
by the killer in rochester, new york, who targeted the firefighters as they responded to that massive fire. the gruesome reason he set his neighborhood aflame. >>> and a million-dollar mixup. this family got the wrong lottery ticket. and struck it rich. now, they say they're set for life. >>> and a very good wednesday morning to you, america. we hope you all had a very merry christmas, if it's something you celebrate. great to have all of you with us this morning. robin, george, lara at home with their families. great to have paula faris, and rachel smith, host of "on the red carpet" back with us this morning. >>> and we're back from the holidays. we're all thinking about returning the gifts, right? just kidding. there's people that are going to be in the return lines. becky worley is here on how to score on both. >>> let's get right to sam. he's been tracking the rough weather that's impacted millions over the week. >> some prepared for it. they were warned in advance. what a night. 34 tornadoes rocked that area. the previous christmas tornadoes had been 12 in 1969. when we tell you this
like pennsylvania and new york. some minor disruptions during the day today. the bigger story is what happens during the day tomorrow. we think we're going to see a widespread severe weather outbreak probably in eastern texas, louisiana, mississippi alabama, and georgia. we may see numerous tornadoes, some of them could be on the strong side. so we urge you to stay vigilant if you're in the southeast. what we also have going on on the northern side of this system is a lot of heavy snow. it's good news and bad news. the good news is a white christmas in places like oklahoma city, little rock and maybe southern parts of st. louis. the bad news is this storm moves into the ohio valley, great lakes, and interior northeast on wednesday. some places seeing over a foot of snow, and that's going to cause major travel problems as we head on into wednesday, especially, and probably thursday morning as well. jeff? >> jeff, thank you very much. >>> ten days after the connecticut school shooting, the debate over gun control continues after the national rifle association took q
explanation for why she chose the actions that she did. >> charlie d'agata in new york thank you. >>> this morning, a vital piece is on its way to the top of america's tallest building. we'll take you there next on "cbs this morning." "this is george. he is a good little monkey and always very curious. america's tallest building. one day george got an important letter. he's built a rocket ship to travel into space." google, how far is earth to the moon? the moon is 238,900 miles... "the great moment had come." 3, 2, 1... [ giggling ] if you're living with moderate to severe crohn's disease, and it feels like your life revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as in
details about that shocking christmas crime in upstate new york. a gunman who ambushed and killed two firefighters left behind a chilling note about his deadly plan. with more, abc's linsey davis is here with the latest. this is a tough one. >> reporter: it really is. lots of new developments to report, including that the death toll has risen to three. and the gun recovered by police, a military-style semiautomatic bushmaster, the same used in the elementary school massacre in newtown, connecticut. investigators continue to comb through what's left of this webster home. the scene of an ambush attack set by this man, william spengler, that killed two firefighters and injured two others. overnight, news that a body has been found in the rubble of the spengler home, possibly his sister, cheryl spengler, who neighbors say he had a strained relationship. emotions are high, as fellow firefighters face the grim reality of burying their own. >> intended to burn his neighborhood down and tried to put down as many people as possible before stopping. >> reporter: police say spengler fired from a
money pro. doug told "the new york times" in a piece that led today's business section that one of the biggest stock market worries, the main from higher capital gains and dividend taxes would barely have an impact on the market. because so few individuals have taxable accounts. only 14% down from 29%. dog's calling it a canard. and others say the job cuts for 2013, which seems to be put as many as two million to be made jobless woend be as fast or as high. plus the tax increase can be rolled back. in other words, a deal will eventually be reached, so while bother to sell. okay, so the it's all overdone crowd may have a role to play here. particularly because it turned out that when we got a deal to avert the debt ceiling back in the summer of 2011, we caught a gigantic rally. it wasn't a mistake to sell. this is debt ceiling two. let me tell you where i come out. while nothing is irreparable in putting things back together if we go over the cliff. i'm getting worried about what will happen. certainly more than the school who says that the dire predictions are off the mark. i'm
's and dwayne reed's in new york are things of beauty and among my favorite places to shop and those who watch "squawk on the street" know i like to shop. i go to my dwayne reed's twice a week and the store manager tom does a great job. my inclination is this is a buy on any weakness and if it weren't for the gigantic acquisition i would say don't wait for the weakness. it's got a bright future ahead of it. beyond earnings monday the empire state manufacturing report from new york. in full-blown weak data mode want to see if business is rolling over. so the empire manufacturing number will set the tone for the rest of the day for things that ge doesn't cover. the fed told us businesses are ratcheting down spending. this is what we could hear. here's the bottom line. it's time to get used to the idea that we're going over the fiscal cliff. ready yourself to take a big hit in a couple weeks. but don't forget that individual companies still matter. if you really like one of these companies, i'm going to suggest buy half and then wait to see if we go over the cliff and buy the rest. let's go to te
packed bethlehem. >> and catholics flocked to the cathedral of the immaculate conception. >> new york's faithful will gather today. >> my prayer is that the world will learn to live together. >> the town of western new york mourning the loss of two firefighters shot to death in an ambush. >> the gunman set fire to a car and a house to lure firefighters to his home. >> concerns about the weather. it does not end with snow and rain. >> tornados could pop up from texas to florida. >> travelers heading home for christmas face a delay when their plane caught on fire. no injuries are reported. >> a dramatic relation cue of man nearly washed away by the rain-swollen river. >> he had no energy left. >> jack klugman has passed away. he is best known for playing "the odd couple." >> chuck pagano returned to his team as he continues to battle leukemia. >> i asked bruce to take over. you had to win nine games? >> all that matters. >> first lady michelle obama answers calls on the santa tracking program. >> on the third day of christmas -- >> my true love gave to me.
-kahn has settled a civil suit filed by a new york city hotel maid accuwho accused him various items. criminal charges against him were dropped. >>> the state of hawaii is no longer 50th in voter turnout. it's tied for 49th with west virginia. this time around, they've got company at the bottom. both west virginia and hawaii tenned out 44.2% of its voters in 2012. >>> the duke of cambridge decided to cancel a scheduled appearance at a military event to be with his pregnant wife. katherine has been battling acute morning sickness. they are supposeded to attend the royal premiere of "the hobbit" tomorrow but the daily mail says katherine may not be well enough to go. >> if he skips the hobbit for her, that is true love. i'll be impressed. >> thank you. 17 minutes past the hour. time for early reads, local news making national headlines. we're starting with the charlotte news and observer in north carolina where a federal judge ruled the state cannot issue choose life license plates without offering ones with different view points. he called it viewpoint discrimination and violation of
before christmas. i'm carl, with melissa lee, david faber at the nyse. the new york stock exchange and nasdaq closing at 1:00 p.m. eastern time. the futures, a little bit of weakness here which we'll talk about in a minute, after it comes after a pretty bad day on friday. the european markets closed for the christmas eve holidays. london, paris, spain have each completed shortened sessions in light of the christmas holiday as well. the friday sell-off, only five trading days are left in the year. is the market getting used to the idea that a fiscal cliff solution will not happen before year end? >> only a few hours remain to finish your christmas shopping. but some words of caution for toymakers. are tablets and apps ruining the season as kids get more accustomed to technology? >> microsoft windows 8 gets more bad press today, as "the new york times" said it is not leading to a boost in pc sales. is there anything that can turn that lagging sector around? futures moving lower, as concerns about the fiscal cliff talks weigh on the market. talks about progress toward a deal sent the
at the lead story, business section of "the new york times." "fiscal cutoff gradually morphs into fiscal horizon." than we get a deal january 1, 2, 3, but people talking mid-january, talking about end of january. i saw one of the pieces, early february for the first time. >> early february. right. >> i thought the markets were supposed to be going into sort of t.a.r.p. style dives by now. when does that happen if it does ever? >> yeah, well, i would still say, you know, as i said a couple of weeks ago, if that's going to happen i would stay probably bo probably goes into february when you bring in the debt ceiling. i think one of the most dangerous statements made i think last week was just when they said, well, we're willing to do a small deal now and really hammer this home in another debt ceiling debate. and i think -- if that becomes the mode usond reven-- the mo mos eperendi, it will weigh more negatively. the bottom line is, the data's been good. i'm not saying that the market's done the wrong thing. >> quickly because we got to go, my sense and great worry is that people saw what
on a sleepy town in new york. this is how it looked around 6:00 in the morning today. there was a massive house fire that ravaged homes overlooking lake ontario. the house fire spread as firefighters tried to dodge gunfire. the firefighters apparently walked into a trap just as they were responding to this. at last word, two firefighters are dead, three other first responders are wounded, and alleged gunman is dead. authorities can't say whether other bodies might be found in the eight homes destroyed or damaged by the fire in the town of webster. shocking, bizarre, tragic today. cnn's poppy harlow is in new york, trying to piece together this horrible chain of events here on christmas eve. so what happened, because authorities are saying potentially this was a trap laid out for the firefighters. >> that's what the police chief gerald pickering said in the last press conference, we're awaiting right now another press conference that should start any minute. but he did say that it appears that possibly these four first responders were lured into what was a trap. it started at 5:35 this mor
confederate flags. "the new york times" reported in that meeting that a considerable section in the seats was devoted to denouncing the 1964 civil rights act. and any review that says that the only key issues in thurmond's career for constitutionalism and national security, i don't think can be taken, i don't think that passes the laugh test. of what we all know about strom thurmond and his career. so i was disappointed that "the wall street journal" felt that this man, let a close relationship with thurmond had been employed by thurmond, he admits that in the review, but then talks about that he was the best person to evaluate the book for the readers. i thought that was disappointing. >> he had no knowledge of what was being done at the time, that edwards, that was going to be, they didn't tell you ahead of time? >> no. >> that he was going to be the person? >> no. >> you have any other papers like the new times or anything -- >> there were no other reviews to the "washington post," washington monthly, if you google "strom thurmond's america" you will find some. and you should google it
the audience what we're talking about. >> the front page article on the "new york times" is titled bribery aisle. it's about walmart and the mechanics cal can business that was aggressive and creative and a corrupter offering large payoffs to get what the law otherwise prohibited. the times reports that the retailer wanted to build a store in an alfalfa field in a town's main entrance which was barely a mile from some ancient pyramids. the town's elected leaders had prevented the new zoning map that would have prevented it. walmart officials decided to undo the damage by a well played bribe and the guy drawing the map drew it a little differently. >> that's exactly what happened. they found the old map and the new map. they found a disk in a shoe box showing the differences. it was incredible. >> the zoning map would not become law until it was published in a government newspaper, so walmart reportedly arranged to bribe an official to change the map before it was sent to the newspaper. walmart issued a statement saying the allegations are part of that company's ongoing investigation of the
" on this final friday trading session of the year. i'm carl quintanilla at the new york stock exchange, along with melissa lee. >> that's a good song. >> i actually requested that a few moments ago. cramer and faber had the day off. the market has a few jitters as we enter what is going to be an interesting day. of course, the meeting at the white house, 3:00 between the president and some congressional leaders. as for europe, getting some data out of japan overnight and some data out of europe. currently red arrows across the board, in london, paris, and frankfort. our road map begins at the white house. congressional leaders set to meet with the president, 3:00 p.m. this afternoon. senator reid has already said hopes of a deal are fading quickly. just two trading days left until the cliff. and it's not just the fiscal cliff. wind farms and dairy are set to get hit. >> the ports of the east coast and gulf coast are bracing for a potential strike. the potential for this, midnight sunday with a shutdown threatening to threaten 20% of the cargo traffic. >> and instagram feeling the sting of the
in a real way? >> i don't know of any specifically, but they're basically all saying it. new york city comes to market multiple times a year. >> all the old bonds will be type. is that right? >> i'm going to make the stand and say that they will. but in the last -- >> then they become more dear, won't it seems to me. >> yeah. but what had happened is that last week and the week before, all of a sudden there was this thought because it had been thrown about that it wouldn't be retroactive. on top of that -- >> why wouldn't that cause him to go up? >> because that means that the tax, the cap on deductions would be retroactive to all bonds. >> it wouldn't be retroactive. >> no. what happened two weeks ago was that had been on the table. >> that it would be retroactive? exactly. >> how can dow that when speak -- >> right. when people bought it on the expectations. on top of that sending the market into the additional turmoil, you have all the brokerage firms saying, you have huge gains. you have more coming into the market. >> the question is, given that weakness, given all that selling, are you
delays there. in vegas, miami and new york, minor to no delays whatsoever. that's the good news. very quickly, let's talk about the east coast. so far, so good. scattered showers on parts of the coast, but new york city expecting a high of 45 today. mostly sunny in the ohio valley, into parts of the northeast. still scattered showers in parts of south florida getting very close to the record, the yearly record of rainfall in miami. as we wrap it up, from fargo and on the other side of the river, expect snow showers. still balmy, beautiful showers in dallas. mostly sunny and 65. back to you. >> reynolds, thanks so much. thanks for flag along. >> you bet, guys. >>> americans want action when it comes to the fiscal cliff. john, you'll give us some of the highlights, but with what we've told them about what will happen if we go over, i guess we shouldn't be too shocked that they don't want to go over. we've basically said there could be a recession, there could be millions of job losses and everything else. so i guess we probably shouldn't be surprised by that. >> no, we shouldn't. they'v
. >>> in webster new york police say four firefighters were entrapped and shot while responding to the scene of that multi-home blaze. two are confirmed to be dead. two others are now hospitalized. the shooter is also dead at the scene, but we are unable to get to him due to that fire. a short time ago mayor andrew cuomo issued the following statement saying, we as the community of new york mourn their loss. now two more families must spend the holidays without their family. on behalf of all new yorkers, i offer my deepest condolences to the family and friends of those killed today and prayer for the recovery of the injured. we are also following another developing story. this one coming to us out of southern california. police have evacuated a wall mart in merino valley after shoppers reported seeing a man carrying an assault rifle or a shotgun. police are still looking for the suspect who they say asked to speak to the manager. authorities do not know if the gun was real or some type of replica or a toy. my partner with him on new gun legislation. he got a big wake-up call this weekend. th
for women. prosecutors say the woman they've charged with pushing a man to his death in front of a new york city subway train on thursday told them she did so because she hates hindus and muslims. her victim was an immigrant from india. doctors in houston report former president george h.w. bush's condition is improving and that he is no longer in intensive care. mr. bush has been hospitalized since last month with a bronchitis-related cough. this week marks the 150th anniversary of the emancipation proclamation, the document deciding that all slaves were to be forever free. to mark the occasion the document signed by president abraham lincoln goes on display in the national archives in washington. now the weather. the chance of rain in the northeast but it will be sunny in the central plains and the southwest. scattered showers in the pacific northwest. the first few days of 2013 will see colder temperatures across most of the country. >> nothing bad. osgood: ahead, meet jamie foxx. >> i had a neighborhood. everybody was going to chump. it was cool. if somebody pulled a gun, they >> osgood
monday morning. welcome to "squawk on the street." we are live from the new york stock exchange. let's take a look at the u.s. futures set up for the open first of the week. dow looking at about 50 points right after the open. as for the action in europe, taking its cues from the united states. we'll see a big rally in china extending one of its biggest rallies in three years. we have a mixed bag in europe with italy up by about .2 of 1%. >> we'll do our best to keep focused on the business day. we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionai
in places like pennsylvania and new york. minor disruptions during the day today. but the bigger story is what happens during the day tomorrow. we think we'll see a widespread outbreak, eastern texas, mississippi, alabama, and georgia. we may see numerous tornadoes. me of them may be on the strong side. we urge you to stay individual leapt if you're in the southeast. and what we also have going on on the northern side of this system is a lot of heavy snow. it's good news and bad news. the good news is white christmas like little rock and southern parts of st. louis. the bad news is this storm moves into the ohio valley, great lakes, and interior northeast on wednesday. some places are seeing over a foot of snow, and that's going to cause major travel problems as we head on into wednesday probably and thursday morning as well. jeff? >> thank you very much. >>> the debate over gun control continues after the national rifle association took questions for the first time since newtown. america's largest gun rights group says we don't need new laws. chip reid is in washington with that story
, everybody. take a look. 234 our headlights this morning, new york city mayor michael bloomberg is considering whether to make a bid for the "new york times." the ft's publisher is about to lose two of its top executives, raising speculation that the newspaper could be up for sale. eric fisher joins us from the weather channel this morning and, eric, it was not cool out here today, but i did see a lot of rain. is that around the country, as well? >> it is. we're watching winter storm caesar. this is what it left behind. blizzard conditions around south carolina and north dakota. over in minnesota, we have anywhere from 8 to 17 inch snowfall totals. a lot of cold air behind the system. eventually that will get over towards the eastern seaboard. 12 in minneapolis. 8 and below in international falls. you get over towards chicago and into des moines, st. louis, gusty winds bringing those windchills way down. winter finally showed up here across the upper midwest. here in the northeast, there's the rain we were talking about around boston. a little bit of a break this morning. the bi
Search Results 0 to 27 of about 28 (some duplicates have been removed)